HDI-Gerling Australasia appoints new chief
30 April 2012
Stefan Feldmann has been appointed MD and Agent of industrial insurer HDI-Gerling in Australasia…
Corporate
Zurich starts yet another CEO search
23 April 2012
Zurich has begun the search for a new chief executive for its Australian general insurance operation following the resignation on Friday of CEO Shane Doyle…
IAG enters Vietnamese market
23 April 2012
IAG has conditionally agreed to acquire 30% of Vietnam-based motor insurer AAA Assurance Corporation…
Ansvar puts NZ contingency plan in place
23 April 2012
Church-based insurer ACS (NZ) Ltd, the former Ansvar NZ, will ask policyholders to approve a scheme to manage their claims if the struggling insurer goes under…
Business wins at Wesfarmers
23 April 2012
Wesfarmers’ insurance division has tasted success recently with broker OAMPS and insurer Lumley winning significant accounts…
Insurance law specialists move
23 April 2012
Eight insurance law specialists at Melbourne law firm Monahan + Rowell – including two partners and their teams – have quit to join Moray & Agnew’s Melbourne office…
Moody’s puts Genworth on review
23 April 2012
Moody’s Investor Service has put the financial strength ratings of Genworth Australia on review for a possible downgrade after the lenders’ mortgage insurer warned of a first-quarter loss…
RGL Forensics opens Sydney office
23 April 2012
Global accounting firm RGL Forensics has opened a Sydney office, with Ryan Carruth as head…
Expenses come into focus at QBE
16 April 2012
Incoming QBE Group CEO John Neal has signalled a leaner and meaner company with an increased focus on containing expenses when he takes over the reins of Australia’s largest insurer from Frank O’Halloran…
At last, QBE get its man with Brit deal
16 April 2012
After four years QBE has finally struck a deal to buy a slice of respected UK rival Brit Insurance…
IAG cleared to buy Kurnia
16 April 2012
IAG has conditionally agreed to acquire Malaysian insurer Kurnia after receiving regulatory approval, giving it a leading position in the Malaysian motor insurance market…
Calliden sees rates heading up
16 April 2012
Calliden is achieving significant premium increases in home insurance and strata this year, CEO Nick Kirk says…
IAG completes AMI takeover
16 April 2012
IAG has completed its takeover of Christchurch-based insurer AMI after the Reserve Bank of New Zealand approved the deal…
Herbert Insurance liquidator finds possible legal breaches
16 April 2012
Failed New Zealand broker Herbert Insurance may have broken the law, the company’s liquidator has found…
Insured Group flags ASX listing
16 April 2012
Perth-based Insured Group plans to raise $2.25 million and list on the Australian Stock Exchange while delisting from the New Zealand exchange…
Ansvar switches ratings agencies
16 April 2012
Ansvar Insurance has pulled out of Standard & Poor’s latest outlook report after the ratings agency gave it a BBB+ rating with a stable outlook…
Lockton forms global group
16 April 2012
Global broker group Lockton has created a more formal relationship with its brokers, which includes Perth and Sydney-based Australian Reliance…
Cooper Gay Australia appoints new MD
16 April 2012
Reinsurance broker Cooper Gay Australia has appointed Jon Calverley as its new MD…
WR Berkley appoints CEO for Australia
02 April 2012
Former Axis Specialty COO Tony Wheatley has been appointed CEO of WR Berkley Insurance Australia…
Two becomes one for Suncorp Commercial Insurance
02 April 2012
Suncorp Commercial Insurance has united its direct and intermediated distribution teams under one dedicated division…